The Global Medical Lasers Market size was valued at USD 4.98 billion in 2023 and is projected to reach USD 9.85 billion by 2030. The market is also estimated to grow at a CAGR of around 9.61% during the forecast period, i.e., 2024-30.
Access Free Sample Report – https://www.marknteladvisors.com/query/request-sample/medical-lasers-market.html
Key Findings of the Study: Medical Lasers Market
Global Medical Lasers Market Driver: Increasing Prevalence of Ophthalmological Diseases
Worldwide, there has been a surge in the number of eye-related diseases such as cataracts & glaucoma. As a result, the need for laser eye surgeries or vision surgeries to treat eye diseases, prevent further loss of sight, and restore vision has increased. This has successfully augmented the demand for medical lasers, thereby positively impacting the overall market growth.
The number of old age people is increasing globally as evidenced by the World Bank data which stated 805,167,113 people were aged 65 and above in 2023, up from 737,239,689 in 2020. This rise in aged individuals has further propelled the market growth of medical lasers. This is because with increasing age the risk for some eye diseases like cataracts, AMD, etc. increases, and those aged individuals require laser surgeries to be able to see again clearly. The fact mentioned by the National Eye Institute also highlights that people aged 55 and older are most likely to have AMD. Hence, considering the aforementioned factors, the Global Medical Lasers Market has been witnessing tremendous growth and would continue with positive growth in the coming years as well.
Scope of the Report and Medical Lasers Market Segmentation
By Technology
-Solid-State Laser Systems
–ER: YAG Laser Systems
–ND: YAG Laser Systems
–HO: YAG Laser Systems
–Alexandrite Laser Systems
–Others
-Gas Laser Systems
–CO2 Laser Systems
–Argon Laser Systems
–Krypton Laser Systems
–Excimer Laser Systems
–Others
-Pulsed Dye Laser Systems
-Diode Laser Systems
-Others
By Application
-Aesthetics/Cosmetics Applications
–Hair Removal
–Tattoo Removal
–Acne and Scan Removal
–Others
-Dermatology Applications
-Dental Applications
-Urology Applications
-Ophthalmology Applications
-OB/GYN Applications
-Oncology Applications
-Cardiovascular Applications
-Others
- Out of all, the oncology category held a significant market share.
By End-User
-Hospitals and Surgical Centers
-Dermatology and Dental Clinics
-Medical & Beauty Spas
-Home-use and Self-care
-Others
Top leading companies in the Medical Lasers Market includes:
Boston Scientific Corporation, Johnson & Johnson Vision Care, Inc., Alcon Inc., Carl Zeiss Meditec Ag, Candela Corporation, Lumenis Be Ltd., Cutera, Inc., Bausch Health Companies Inc., El.En. S.P.A., Alma Lasers, Fotona, Ipg Photonics Corporation, Bison Medical, AMD Lasers, and others
Medical Lasers Market Development
- 2023: Candela Corporation revealed that the Vbeam® 595 nm pulsed dye laser, widely considered a top-of-the-line option for vascular therapy, has been granted an unprecedented FDA clearance to be used in treating port wine stains and hemangiomas among pediatric patients.
- 2023: Bausch + Lomb Corporation announced that the US FDA has approved Modulight Corporation’s ML6710i photodynamic laser for use with Bausch + Lomb’s VISUDYNE® photodynamic therapy (PDT) to treat patients with predominantly classic subfoveal choroidal neovascularization in Age-related Macular Degeneration (AMD).
For more detailed information about the Medical Lasers market report, click here – https://www.marknteladvisors.com/research-library/medical-lasers-market.html
Geographical analysis:
North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia
South America: Brazil, Argentina, Rest of South America
Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
- North America has been dominating the market over the historical years.
Related Reports: –
Why choose Us?
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
For Media Inquiries, Please Contact:
Call: +1 628 895 8081 | +91 120 4278433
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India